Services
GLOBAL COVERAGE
- ARGENTINA
- BRAZIL ECONOMICS
- BRAZIL POLITICS
- CAUCASUS / CENTRAL ASIA
- CENTRAL AMERICA
- CHILE
- CHINA
- CHINA ADVISORY
- CHINA FINANCIAL
- COLOMBIA
- DOMINICAN REPUBLIC
- ECUADOR
- GULF COUNTRIES
- HUNGARY
- INDIA
- INDONESIA
- ISRAEL
- JAMAICA / BAHAMAS
- KAZAKHSTAN
- MEXICO
- NIGERIA
- PANAMA
- PERU
- PHILIPPINES
- POLAND
- RUSSIA ECONOMICS
- RUSSIA / FSU POLITICS
- SOUTH AFRICA
- TURKEY
- UKRAINE
- VENEZUELA
Events
Databanks
-
Argentina databank Sep 12 -
Brazil Economics databank Sep 15
-
Central America databank Aug 27
-
Chile databank Aug 26
-
China databank Mar 21
-
Colombia databank Sep 2
-
Dominican Republic databank Aug 21
-
Ecuador databank Aug 25
-
Gulf Countries databank Sep 12
-
Hungary databank Sep 11
-
India databank Jun 26
-
Mexico databank Aug 28
-
Panama databank Jul 17
-
Peru databank Aug 14
-
Philippines databank Sep 10
-
Poland databank Jul 16
-
Russia Economics databank Sep 15
-
South Africa databank Sep 5
-
Turkey databank Aug 11
-
Ukraine databank Aug 15
-
Venezuela databank Sep 2
NEWS FLASH
UPCOMING WEBINAR - TURKEY POLITICS: CHP VS. GOLIATH...
COUNTRY INSIGHTS
Spending plan 2024 approved with 20.6% GDP deficit
UKRAINE · In Brief · 10 Nov 2023
On November 9th, the Verkhovna Rada approved the 2024 spending plan, which saw only modest changes from the initial budget proposed in September. The central budget's revenues are set at UAH 1.77 trillion, with expenditures at UAH 3.36 trillion, leading to a deficit of UAH 1.57 trillion, or 20.6%...
Albert Hirschman and China
CHINA ADVISORY · Report · 10 Nov 2023
How will China’s property crash end? There are different views: *Consumption boom. Chinese economists argue that after a short period of post-Covid adjustment, consumption will increase and the economy will gradually transition to an era of new technology, including AI and semiconductors. *Du...
Slide Presentation: Venezuela - What's Next
VENEZUELA · Report · 10 Nov 2023
With the US's easing of sanctions on Venezuela's energy industries, get insight into what's ahead for the country with the slide presentation from our webinar featuring Ruth Krivoy, "Venezuela: What's Next".
Surprise, surprise: CPI-inflation down to a single-digit level already in October
HUNGARY · In Brief · 10 Nov 2023
The October figures for the headline inflation rate were -0.1% mom, 9.9% yoy, the latter falling from 12.2% yoy in September. This surprised analysts, who had a median expectation of 10.3% yoy, our own forecast figure being 10.2% yoy. Crucially, food prices fell by 0.1% mom, a very much non-seaso...
Russia: a brief market watch
RUSSIA ECONOMICS · In Brief · 09 Nov 2023
The FX market remained relatively calm at the beginning of November. The widened current account surplus, accompanied by some measures of capital controls, caused the ruble to appreciate. It strengthened to R/$92 as of November 8. The new sanctions package, announced in early November, may negati...
The Tax Reform proposal was approved in the Senate, Haddad met with party leaders to discuss the ICMS subsidy, and the STF resumes analysis of the ADI on the FGTS correction
BRAZIL POLITICS · Report · 09 Nov 2023
The government had an important victory in the Senate by guaranteeing the approval of the Tax Reform proposal in two rounds. The score was tight, with just 4 votes more than the minimum required, at 53 votes in favor and 24 against. Yesterday, November 8, Haddad met with Lira and party leaders fr...
Both business expectations and consumer confidence decline sharply
ISRAEL · In Brief · 09 Nov 2023
October’s Business Sentiment Survey points to a sharp deterioration in expectations for growth next month (November), with this component declining to -23 points from +0.4 in September. The employment expectation component also turned net negative to -14.65 from 1.16. The construction sector is e...
Federal budget surplus narrows as revenues climb
RUSSIA ECONOMICS · In Brief · 09 Nov 2023
The Ministry of Finance reported that the federal budget surplus narrowed to R1.235 trln in 10M23. The original officially approved 2023 budget targeted a deficit of R2.925 trln. The deficit was widest in 4M23 (R3.049 trln) as the government spent money ahead of schedule in the early year to fina...
Putin in Kazakhstan
RUSSIA / FSU POLITICS · In Brief · 09 Nov 2023
On November 9 Putin met his Kazakh counterpart in Astana. President Tokayev said that the relationship between the two former Soviet states has a bright future. The chemistry between the two seemed to be surprisingly good. This is only Putin's third trip abroad since the Ukraine War began. In 202...
European Commission recommends Ukraine and Moldova for EU membership
RUSSIA / FSU POLITICS · In Brief · 09 Nov 2023
On November 8 the President of the European Commission said that the two countries should be admitted to the EU. Ursula von der Leyen noted that both had made tangible progress towards meeting the EU's requirements in only a few months. The Commission suggested introducing a negotiating framework...
Ukraine receiving more US arms
RUSSIA / FSU POLITICS · In Brief · 08 Nov 2023
On November 7 Zelensky said that his country had deployed NASAMS air defense systems. These are surface-to-air missiles for short-to-medium range. The US said NASMAS have a 100% success rate in stopping Russian missiles. Ukraine anticipates a Russian air assault on the energy infrastructure. This...
The fiscal deficit expands rapidly
ISRAEL · In Brief · 08 Nov 2023
The fiscal deficit expanded rapidly to 2.6% GDP in the last 12 months through October from 1.5% one month ago. The actual deficit in October reached 22.9bn ILS compare to 3.1bn in Oct 22. Expenditure of ministries expanded by 12.3% y/y, mostly due to higher defense spending. Tax revenues declined...
The CCJ approved Senator Braga’s report on Tax Reform, Haddad may have a meeting with party leaders today to discuss the ICMS subsidy, and the ADI on the FGTS correction is on the STF’s agenda today
BRAZIL POLITICS · Report · 08 Nov 2023
Yesterday, November 7, the Senate Constitution and Justice Committee approved Senator Eduardo Braga's report on Tax Reform. The plenary also approved, by 48 to 24, a request for a special schedule. Today, November 8, the Minister of Finance, Fernando Haddad, may have a meeting with party leaders ...
New KSH data reflects the continuation of a genuinely weak economy in September
HUNGARY · In Brief · 08 Nov 2023
KSH has just released four new reports with monthly data. Three of these, the ones on industry, retail sales and housing construction, are quite negative, not at all pointing to any rapid recovery of domestic supply and demand. The fourth one, on guest turnover at hotels, is actually quite positi...
Transition government: The political and economic landscape takes shape
ECUADOR · Report · 07 Nov 2023
President Daniel Noboa surprised everyone in New York with two statements aimed at convincing the markets and multilaterals of the need to support Ecuador with financing for its fiscal and social needs during the period of his mandate. However, these two statements could work in opposite directio...